CIO Business Intelligence

MAY 16, 2022

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. In 2011, another update — dubbed ITIL 2011 — was published under the Cabinet Office.

IT 105

IT Cost-Benefit ROI Risk 105

CIO Business Intelligence

JUNE 10, 2022

Secure asset decommissioning reduces the risk of financial penalties and data breaches and helps meet sustainability goals. According to the latest report from CSO recruitment firm Weinreb Group 2 , the demand for CSOs grew 228 percent in corporate America between 2011 and 2021. . recycle, refurbish, or disposal).

Metrics 98

Metrics Optimization Machine Learning Sales 98

Jet Global

APRIL 9, 2021

How do you ensure data consistency across finance, sustainability, and investor relations for your reporting cycle? With huge investment in ERP systems for data consistency, teams still struggle with inconsistencies and errors caused by a manual reporting process based on copy and paste in Excel and Word. Your Speakers.

Reporting 52

Reporting Digital Transformation Finance Sales 52

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

MARCH 25, 2022

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. I joined Baxter as CIO in 2011, and in 2016 I was presented with the opportunity to join my first public company board. How did that opportunity come about?

Digital Transformation 115

Digital Transformation Machine Learning Uncertainty Strategy 115

CIO Business Intelligence

OCTOBER 23, 2023

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks. About the Author: Katrina Rymill Green IT

Strategy 104

Strategy Data Processing Risk Finance 104

CIO Business Intelligence

OCTOBER 10, 2022

Heinrich Hiesinger, ThyssenKrupp: Hiesinger become CEO of ThyssenKrupp in 2011 and helped alleviate pressure from Asian competitors in the steel market by embracing newer forms of manufacturing, including 3D printing — “new growth areas” that now make up 47% of the business’ sales.

Modeling 145

Modeling Digital Transformation Software Manufacturing 145

CIO Business Intelligence

JANUARY 23, 2023

times higher cash flow per employee and three in four job seekers and workers prefer diverse companies, according to data from a 2022 BuiltIn report. The report also found that diverse management increases revenue by 19% and gender-diverse companies report performing 15% higher financial returns than the industry median.

Strategy 98

Strategy IT Reporting Data Processing 98

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

Cloudera

OCTOBER 3, 2018

Since 2011, our two companies have each innovated to build better products and win more business. Three years later, the core team of developers working inside Yahoo on Hadoop spun out to found Hortonworks. They, too, saw the enormous potential for data at scale in the enterprise. Forward-Looking Statements.

Uncertainty 75

Uncertainty IoT Risk Reporting 75

AWS Big Data

JULY 16, 2024

SIEM solutions help you implement real-time reporting by monitoring your environment for security threats and alerting on threats once detected. As a future capability, supporting on-demand, complex query, analysis, and reporting on large historical datasets could be performed using Amazon OpenSearch Serverless.

Insurance 124

Insurance Management Cost-Benefit Optimization 124

Mark Raskino

AUGUST 30, 2017

The President of Iceland Olafur Ragnar Grimsson explained this phenomenon to me when I had the privilege to interview him in 2011 (Gartner Report: G00212784 ). “So That was about 5 years ahead of major European capitals such as Paris and London.

Testing 53

Testing Experimentation Uncertainty Risk 53

The Unofficial Google Data Science Blog

APRIL 17, 2017

In the first plot, the raw weekly actuals (in red) are adjusted for a level change in September 2011 and an anomalous spike near October 2012. Such a model risks conflating important aspects, notably the growth trend, with other less critical aspects. This imbues the forecasting routine with two attractive properties.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

Peter James Thomas

AUGUST 12, 2018

A clear parallel would be credit risk in Retail Banking, but something as simple as an estimate of potentially delinquent debtors is an inherently statistical figure (albeit one that may not depend on the output of a statistical model). Unless a reported figure, or output of a model, leads to action being taken, it is essentially useless.

Metrics 49

Metrics Statistics Data Quality Measurement 49

Domino Data Lab

MARCH 3, 2019

We had big surprises at several turns and have subsequently published a series of reports. Let’s look through some of the insights gained from those reports. Seriously, this entire article merely skims the surface of those reports. Mature practices reported 86%, and within financial services the numbers were somewhat higher.

Data Science 49

Data Science Deep Learning Machine Learning Modeling 49

Domino Data Lab

APRIL 3, 2019

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Not that I’m implying anything about current economic conditions vis-a-vis the timing of this report… #justsayin. Fun fact: in 2011 Google bought remnants of what had previously been Motorola. a second priority?at

Machine Learning 84

Machine Learning Data Governance Metadata Data Science 84

Domino Data Lab

JANUARY 6, 2019

What are the projected risks for companies that fall behind for internal training in data science? Recently the World Economic Forum published “ The Future of Jobs Report 2018.” Another recent report by McKinsey Global Institute correlates closely with the WEF analysis. In business terms, why does this matter ?

Data Science 56

Data Science Machine Learning Visualization Reporting 56

The Unofficial Google Data Science Blog

MAY 31, 2016

Further, there is the risk that the increased ad spend will be less productive due to diminishing returns (e.g., Caution is needed, however, to use the weights: when the pre-test period volume of a geo are close to zero, the weights may be large (this usually reflects an issue with data reporting).

Advertising 43

Advertising Testing Sales Statistics 43

O'Reilly on Data

APRIL 23, 2024

From 2000 to 2011, the percentage of US adults using the internet had grown from about 60% to nearly 80%. Starting around 2011, advertising, which once framed the organic results and was clearly differentiated from them by color, gradually became more dominant, and the signaling that it was advertising became more subtle. I think not.

Advertising 338

Advertising Cost-Benefit Marketing Risk 338

CIO Business Intelligence

APRIL 9, 2025

The foundational tenet remains the same: Untrusted data is unusable data and the risks associated with making business-critical decisions are profound whether your organization plans to make them with AI or enterprise analytics. times more likely to report successful analytics initiatives compared to those with ad hoc approaches.

Enterprise 102

Enterprise Analytics Experimentation Statistics 102

Cloudera

JULY 22, 2024

However, amidst this disruption, one Cloudera customer reported that although many of their systems were impacted, Cloudera’s data-in-motion stack specifically demonstrated remarkable resilience, experiencing no downtime. However, it also comes with some operational risk.

Cost-Benefit 85

Cost-Benefit Machine Learning Reporting Enterprise 85

Sisense

MAY 4, 2020

According to an Accenture study, 79 percent of enterprise executives say that not embracing Big Data will cause companies to lose competitive position and risk extinction. As long ago as 2011, the McKinsey Global Institute estimated that retailers using data analytics at scale could increase their operating margins by more than 60 percent.

Big Data 78

Big Data Data-driven Snapshot Unstructured Data 78

Domino Data Lab

JULY 9, 2019

When I showed up I was reporting to the head of BI who reported to CTO who reported to CIO who reported to EVP of digital products who reported to CEO. At this point data is a function that reports directly to CEO. Nobody paid any attention to it whatsoever until 2011.

Data Science 112

Data Science Machine Learning Advertising Modeling 112

Occam's Razor

JUNE 4, 2018

Go to the Multi-Channel Funnels folder in Google analytics and look at two other yummy reports: Time Lag and Path Length. They report two dimensions of speed: How long does it take for a human to convert? Not wanting to risk it, I click on the Find in Store link you see at the bottom of the page. You should. Add to Basket!

Strategy 125

Strategy Cost-Benefit Testing Sales 125

The Unofficial Google Data Science Blog

OCTOBER 12, 2017

Selection bias played a notable role in the discussion of the avian influenza outbreak of 2011 during which the reported case fatality rate was as high as 80% [2]. Of course, exploratory analysis of big unintentional data puts us squarely at risk for these types of mistakes. Consistency.

Experimentation 62

Experimentation Testing Statistics Metrics 62

datapine

AUGUST 29, 2022

He founded the project Apache Storm in 2011, which turned to be “one of the world’s most popular stream processors and has been adopted by many of the world’s largest companies, including Yahoo!, Microsoft, Alibaba, Taobao, WebMD, Spotify, Yelp” according to Marz himself. It was lately revised and updated in January 2016.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

O'Reilly on Data

MAY 11, 2020

There are runaway feedback loops in “predictive policing” , whereby more police are sent to neighborhoods with higher “reported & predicted crime,” resulting in more police being sent there and more reports of crime and so on. Model Cards for Model Reporting by Mitchell et al. And the cycle goes on. READING LIST.

Modeling 296

Modeling Advertising Recreation/Entertainment Metrics 296